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REG

Regency Centers

Real EstateREITsS&P 500
Ticker REGJACKSONVILLE, FLFiscal year ends DecemberBook value per share $37.63Diluted shares 182.7M

Regency Centers Corporation (NASDAQ: REG) is a fully integrated real estate investment trust that owns, develops, and operates neighborhood and community shopping centers throughout the United States. The company's website is www.regencycenters.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.55BFY2025
+6.9% year over year
Last 12 mo $1.62B
72.32%FY2025
+0.3 percentage points
Last 12 mo 72.04%
$540.95MFY2025
+32.0% year over year
Last 12 mo $573.29M
7.64%FY2025
+1.7 percentage points
Last 12 mo 8.09%
Cash & financing
$827.69MFY2025
+4.7% year over year
Last 12 mo $856.64M
$392.58MFY2025
−12.1% year over year
Last 12 mo $414.19M
0.70FY2025
Was 0.67× a year earlier
Last 12 mo 0.71
182.2MFY2025
−0.6% year over year
Last 12 mo 182.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Regency Centers does

In the company’s own words

Regency Centers Corporation (NASDAQ: REG) is a fully integrated real estate investment trust that owns, develops, and operates neighborhood and community shopping centers throughout the United States. The company's website is www.regencycenters.com.

As of December 31, 2025, Regency maintains full or partial equity ownership interests in 481 properties encompassing approximately 58.4 million square feet of gross leasable area, with a pro-rata share of approximately 50.5 million square feet including unconsolidated real estate partnerships. The company's portfolio is predominantly anchored by market-leading grocery stores and complemented by necessity, service, convenience, and value-based retailers serving essential community needs. Regency's properties are principally located in suburban trade areas with compelling demographics across the United States.

The company operates through a parent-subsidiary structure, with Regency Centers Corporation serving as the REIT parent and general partner, while Regency Centers, L.P. functions as the operating partnership holding substantially all assets and conducting day-to-day operations. As of December 31, 2025, the parent company owned approximately 97.9 percent of the common units in the operating partnership. Regency maintains 27 market offices nationwide and employs 507 people, none of whom are represented by collective bargaining units.

Regency's business model centers on generating revenue through leasing space to retailers and service providers, with income derived from base rent, percentage rent, termination fees, tenant recoveries, and other lease-related income. The company pursues a disciplined strategy focused on same-property net operating income growth, reinvestment of free cash flow into high-quality developments and redevelopments, and maintenance of a conservative capital structure with strong liquidity and carefully managed debt maturities.

The company has been an S&P 500 Index member since 2017 and ranks among the largest shopping center owners in the United States by revenues, number of properties, gross leasable area, and market capitalization. Regency's competitive advantages derive from its market positioning, property quality, surrounding demographics, tenant relationships, experienced leadership, and development and acquisition capabilities. The company emphasizes corporate responsibility across four pillars: its people, communities, ethics and governance, and environmental stewardship.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
JACKSONVILLE, FL
Fiscal year end
December
CIK
910606
SIC
6798

Financial performance, year by year

Fiscal 2013–2025 · USD
$-161.77M$323.55M$808.86M$1.29B$1.78B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Regency Centers — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

590
funds hold it
0 of 35
superinvestors hold it
$6.21B
held by funds, at market
43.0%
of shares held by funds
10
bond issues held by funds

Largest fund holders · Regency Centers’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.18%of fund net assets
Real Estate Securities Fund
PRERX · Principal Funds, Inc
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Regency Centers’s bonds, as funds hold them

Funds report holding 10 issues of Regency Centers’s debt, $622.83M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.33%, maturing 2027 to 2049.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Regency Centers and its peers compare on margins and cash generation over ten years?”
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